| | | |
| | |
| |  Celebrating 75 years in the industry, Probe Mines Limited is a Canadian base and precious metal explorer led by an experienced management team. The Company has assembled a portfolio of quality projects, including the McFauld's Lake area base metal projects in Northern Ontario and the Bristol Township gold project in the Timmins West camp. In addition, Probe holds a gold production royalty on a portion of Agnico-Eagle's Goldex project in Val d'Or, Quebec. The Company's strategy is to aggressively explore its key assets to maximize shareholder value, while joint venturing out non-core assets to advance exploration and preserve capital. A production royalty on the Goldex deposit, scheduled to commence production in 2008, represents a potential revenue stream for the Company. Noront Resources' recent high grade nickel-copper-PGE discoveries have created extreme interest in the McFauld's Lake area. The new discovery is significant as both a new Canadian nickel discovery and more specifically for the McFauld's Lake area where Probe owns over 931 claims (14,896 hectares). Historically the McFauld's Lake Belt is known for its base metal volcanogenic massive sul,phide (VMS) deposits, however, this new nickel intersections broadens the scope for exploration in the area and strengthens its potential as a new Canadian mining camp. The Company is encouraged by the preliminary geophysical and geochemical results, which suggest the potential of a buried, sulphide-bearing, mafic-ultramafic intrusive, and will be conducting diamond drill programs on all of its McFauld's Lake properties in mid to late spring of 2008. | |  Jun 26, 2008: News Releases: Probe Mines Intersects Ultramafic Intrusive on Vic... Jun 09, 2008: News Releases: PROBE ANNOUNCES TERMINATION OF DISCUSSIONS WITH N... Jun 03, 2008: News Releases: PROBE ANNOUNCES DISCUSSIONS WITH NORONT RESOURCES ... | |  McFauld's Lake Overview (PDF) | |
| ©2006 Probe Mines Ltd. All Rights Reserved. | Disclaimer |  | |
